How Much New Money Does Bitcoin Need to Start a Fresh Bull Run? (It’s a Lot)
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CryptoQuant CEO Ki Young Ju said Bitcoin could still enter another major bull cycle, but the amount of capital required to drive a comparable rally has grown dramatically versus prior bull markets. He warned that Bitcoin's capital efficiency has declined as the asset matured, a dynamic that affects market impact, fundraising and adoption across crypto and DeFi.
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Bitcoin might still enter another major bull cycle, but the amount of money needed to fuel it has grown dramatically compared to previous bull markets, according to the CEO of CryptoQuant, Ki Young Ju.
In a recent thread, he argued that the cryptocurrency’s capital efficiency has declined considerably as the asset has matured.
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